Korea Customs Service to develop blockchain-based e-commerce customs clearance platform
Jun 01, 2018 11:12 am UTC| Digital Currency
The Korea Customs Service (KCS) has announced that it has signed a Memorandum of Understanding (MOU) with a number of e-commerce companies to implement a blockchain-based e-commerce customs clearance platform....
Crypto exchange Binance to set up $1B investment fund
Jun 01, 2018 10:29 am UTC| Digital Currency
Cryptocurrency exchange Binance has announced its plans to launch a $1 billion fund, China Money Network reported. Ella Zhang, who recently joined the company to lead Binance Labs, made the announcement in an online...
Bittrex cryptocurrency exchange introduces US Dollar trading for corporate customers
Jun 01, 2018 10:04 am UTC| Digital Currency
Cryptocurrency exchange platform Bittrex has introduced US dollar (fiat) trading for corporate customers. The initial markets for fiat trading will include Bitcoin (BTC), Tether (USDT) and TrueUSD (TUSD). The company...
FxWirePro: ETH/USD trades just shy of Ichimoku cloud, break above to see further upside
Jun 01, 2018 09:19 am UTC| Digital Currency
ETH/USD is trading just shy of Ichimoku cloud at 587 levels at the time of writing (Coinbase). On the upside, a break above 594 (Cloud bottom) would see the pair testing 634 (20-DMA)/646 (50-DMA). Further strength would...
FxWirePro: BTC/USD eyes trend line resistance at 7650, break above to see minor bullishness
Jun 01, 2018 07:28 am UTC| Digital Currency
BTC/USD is trading in a narrow range on Friday and eyeing trend line resistance at 7652 levels. It is currently trading at 7574 levels at the time of writing (Bitstamp). On the top side, a decisive break above 7652...
Bank Negara Malaysia adds cryptocurrency website to list of unauthorized companies and portals
Jun 01, 2018 06:42 am UTC| Digital Currency
The Bank Negara Malaysia (BNM) has added Kazuki Coin to the list of companies and websites which are neither authorised nor approved under the relevant laws and regulations administered by it. When accessed at the time...
After SEC and CFTC, Cryptocurrency regulations now under the scanner of IMF
Jun 01, 2018 06:35 am UTC| Digital Currency Research & Analysis Central Banks Insights & Views
Amid the stringent regulatory framework actions taken by SEC, CME and CBOE have come up with BTFs (bitcoin futures) that could be instrumental in risk mitigation while price discoveries. However, the regulated derivatives...
There’s an extra $1 billion on the table for NT schools. This could change lives if spent well
Political donations rules are finally in the spotlight – here’s what the government should do